Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary. of retail CFD accounts lose money when trading with this provider.

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PaxForex

Saint Vincent and the Grenadines

Est. 2011 · Saint Vincent and the Grenadines

Financial Services Authority (FSA)Registration Number 21973 IBC 2014 1825

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Visit PaxForex

PaxForex is a regulated online broker that has been serving traders since 2011. PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825, giving clients the protections and oversight that come with operating under a recognised regulatory framework.

This review covers all the key aspects of trading with PaxForex, including its regulatory standing, trading platforms, fees and costs, available instruments, education and research tools, and customer support. Our aim is to give you a clear and objective picture of what PaxForex offers, so you can decide whether it is the right broker for your needs.

Min. Deposit$10

RegulationFinancial Services Authority (FSA)

PlatformsMT4, MT5, cTrader

Max LeverageContact broker

Founded2011

8.6/10

Expert Score — PaxForex · How we score brokers →

PaxForex is a well-rounded broker with a solid regulatory foundation, a broad range of instruments, and a competitive overall offering. Whether you are new to trading or a more experienced market participant, PaxForex provides the tools and environment to trade effectively.

Please note that due to regulations, the content in this review of PaxForex does not apply to users in Brazil, South Korea, Iran, Iraq, Syria, Japan, United States.

Regulation6/10

Fees10/10

Platforms9/10

Education & Research10/10

Deposits & Withdrawals7.5/10

Support10/10

Regulation Platforms Fees Instruments Education Research Deposits Support Pros & Cons FAQ

PaxForex Review 2026 - Brief Overview

Year Founded: 2011
Regulated By: Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
Headquarters: Saint Vincent and the Grenadines
Minimum Deposit: $10
Number of Clients: 350+
Employees: 5
Telephone: +44 844 507 0446
Support Email: info@paxforex.org
Address: 16 St Georges St, Douglas, Douglas IM1 1JD
Trustpilot: PaxForex on Trustpilot
LinkedIn: PaxForex on LinkedIn
Facebook: PaxForex on Facebook
Facebook Likes: 5,706
Twitter / X: PaxForex
Twitter Followers: 2,719
Instagram: https://www.instagram.com/pax_forex/
Instagram Followers: 16,700

Who are PaxForex?

PaxForex is a multi-asset online broker headquartered in Saint Vincent and the Grenadines with roots going back to 2011. Over the years, PaxForex has established itself as a go-to choice among global retail trading.

PaxForex provides a wide range of tradeable instruments including currency pairs, equities, and commodities. With 350+ registered clients worldwide, the broker continues to attract both beginners and experienced market participants. Authorised and regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825, PaxForex upholds the operational standards expected of a properly regulated financial firm.

PaxForex supports trading via Web, iPad, mac, Desktop, iPhone iOS, providing access to professional-grade charting and order tools. PaxForex is designed for traders who want access to multiple asset classes under one roof. For traders at any experience level, PaxForex represents a credible option in the market.

Who Founded PaxForex?

The leadership team at PaxForex has extensive experience across financial services, trading technology, and regulation. That background has shaped how the broker approaches product, regulation, and client service. The company now has 5 people working across trading infrastructure, client services, and regulatory compliance.

Beyond the founding story, PaxForex remains focused on expanding its product range and improving service quality. The broker's learning materials and market analysis demonstrate the team's focus on trader development. Whether you are just starting out or building on existing skills, PaxForex provides content and tools aimed at making you a better trader.

Why Trade with PaxForex?

Choosing PaxForex offers a range of real, tangible benefits that set it apart from many of its competitors. Having built its reputation over many years of operation, PaxForex has developed a platform designed to serve retail traders at every level.

One of the most important factor when evaluating an online broker is the quality of its trading conditions. Competitive spreads and reliable, fast order execution give traders greater confidence that their orders will be filled at or close to their intended price, reducing the hidden cost of transaction charges on long-term performance.

PaxForex places significant importance on the technology and infrastructure underpinning its platform. A fast, dependable trading environment ensures traders can act on market opportunities without delay or uncertainty, which is particularly valuable in volatile or fast-moving market conditions.

Copy trading is one of the standout feature available at PaxForex. This functionality allows traders to automatically replicate the positions of experienced, higher-rated investors on the platform, providing meaningful market exposure without the need to analyse every position independently. It bridges the gap between learning and doing, making it a strong fit for traders who are still developing their approach.

PaxForex also fosters a community-driven approach to trading through its social trading tools. Traders can follow, observe, and engage with others on the platform, building knowledge and confidence through a community of shared practice. This is especially valuable for those looking to develop their own strategy by studying the methods of more experienced participants.

PaxForex provides access to a broad selection of financial instruments and markets, spanning forex, indices, commodities, stocks, and more. This breadth of choice means traders can build a balanced, diversified portfolio, a hallmark of a well-rounded brokerage platform.

Taken together, PaxForex's combination of competitive trading conditions, broad market access, and a suite of supporting tools makes it a credible, well-rounded option for retail traders at all levels. The range and quality of its offering reflects a broker that takes the needs of its clients seriously.

Pros & Cons

Pros

Regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
Negative balance protection offered
Guaranteed stop loss available
Free demo account available
MetaTrader 4 and MetaTrader 5 supported
cTrader platform available
Copy trading and social trading available
iOS and Android mobile apps available
No inactivity fees
Scalping permitted
Hedging allowed

Cons

Withdrawal fees apply
Deposit fees apply
Not available in all countries

Compare Brokers Similar To PaxForex

	PaxForexlearn more about PaxForex	learn more about Pepperstone	ThinkMarketslearn more about ThinkMarkets
Broker	PaxForex	Pepperstone	ThinkMarkets
Rating	7.60 / 10	8.90 / 10	8.70 / 10
Minimum Deposit	$10	$200	$0
Year Founded	2011	2010	2010
Headquarters	Saint Vincent and the Grenadines	Australia	Australia & United Kingdom
Regulated By	Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825	Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217	the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles
Clients	350+	10,000+	475,000+
Find Out More	Visit PaxForex website Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.	Visit Pepperstone website CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money	Visit ThinkMarkets website 71.89% of retail investor accounts lose money when trading CFDs with this provider.

Regulation

Key Takeaway

Regulated by: Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825. HQ: N/A.

PaxForex holds regulatory oversight from Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

PaxForex, as a company, has a robust framework of rules put in place to ensure honest trading on its platform. For data encryption purposes, the platform uses an industry-standard 256-bit SSL encryption. Client funds are kept in segregated accounts independent of the company's operating funds, offering a key level of client fund security.

In accordance with the organisation's privacy policy, customer data is not disclosed to any outside parties or individuals. That includes credit history and other financial details. PaxForex must hold adequate capital reserves as required by its regulatory bodies, providing traders further assurance that the firm operates within regulated parameters. The table below details the key regulatory data points for PaxForex.

Regulation: Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825
The regulatory authority or authorities that oversee PaxForex's operations. Regulation provides a framework of rules designed to protect client funds and ensure fair trading practices.
Negative Balance Protection: Yes; Your losses are capped at your account balance. Even on leveraged positions, your balance cannot go below zero, giving retail traders a clear limit on their downside.
Guaranteed Stop Loss: Yes; Your stop loss will execute at exactly the price you set, regardless of market gaps or volatility. It gives you certainty over the maximum loss on any single trade, which is a valuable risk management tool for traders who want precise downside control.
Excluded Countries: Brazil, South Korea, Iran, Iraq, Syria, Japan, United States
This broker does not accept clients from these countries due to regulatory restrictions or local compliance requirements.

Platforms

Key Takeaway

Available platforms: MT4, MT5, cTrader.

PaxForex has operated as a reputable trading platform since 2011. The trading platform a broker offers is one of the most important factors when choosing a broker, as it directly affects your day-to-day experience.

Different platforms suit different types of traders. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are widely regarded as the industry standard for forex and CFD traders, particularly those who use automated strategies or custom indicators. cTrader is popular among traders who prioritise execution quality and transparent pricing. Some brokers also offer a proprietary platform built in-house, which can offer a more integrated experience across trading and account management.

Beyond the core platform, it is worth considering whether the broker offers mobile apps for iOS and Android, a demo account for risk-free practice, and features such as social or copy trading that may align with your trading goals. The table below details the full range of platform features and tools available at PaxForex.

Platforms: Web, iPad, mac, Desktop, iPhone iOS
MT4: Yes; Industry-standard forex and CFD platform. Supports Expert Advisors (EAs), thousands of custom indicators, and automated trading strategies.
MT5: Yes; Next-generation platform with additional asset classes, more chart timeframes, and a more powerful strategy tester.
cTrader: Yes; Professional-grade platform built around DMA execution and level-2 pricing. Supports cBot automated trading and advanced order management.
Proprietary Platform: Not available
Demo Account: Yes; Practice trading risk-free using virtual funds before depositing real money. Ideal for beginners and anyone evaluating the platform.
Social Trading: Yes; Follow, view, and replicate the trades of other traders on the platform. Popular with newer traders looking to learn from others.
Copy Trading: Yes; Automatically mirror the trades of selected investors directly into your account. Popular with passive investors who want market exposure without active management.
ZuluTrade: Not available
DupliTrade: Yes; Automated trading platform linking traders to professionally managed strategies that replicate into your account automatically.
Hedging: Yes; Hold simultaneous buy and sell positions on the same instrument to manage directional risk. Useful for protecting existing trades against adverse moves.
Trailing Stop: No
Scalping: Yes; Short-term, high-frequency trading permitted on this platform. Traders can open and close multiple trades in quick succession to capture small price movements.

PaxForex Awards

At the time of writing this PaxForex review, and despite PaxForex's impressive offering, the company has surprisingly not garnered any awards to date.

Copy Trading

Data not available for this broker.

Apps

The ability to trade from a mobile device or desktop application has become an important part of the modern trading experience. Whether managing open positions away from your desk, tracking price alerts throughout the day, or simply preferring a dedicated app over a web browser, the quality of a broker's apps can have a real impact on day-to-day trading.

A well-designed trading app should deliver the same core functionality as the full desktop platform, including the ability to place, modify, and close orders, live charts and real-time price feeds, and complete account and balance management. The best apps also include biometric login for quick, secure access, push notifications for price alerts and account activity, and layouts optimised for touchscreen use on smaller screens.

For traders who move between devices, consistent access across iOS, Android, and desktop operating systems ensures the trading experience is not disrupted when switching between devices. The table below outlines the full app availability at PaxForex.

Windows App: Yes; A dedicated desktop client for Windows is available, offering a more responsive experience than the web browser version.
Mac App: Yes; A native Mac application is available, providing a streamlined experience on macOS.
Linux App: No; No Linux desktop application is offered. Linux users can trade via the web-based platform.
iOS App: Yes; A dedicated iOS app is available for iPhone and iPad, allowing traders to monitor markets, manage positions, and place orders on the move.
Android App: Yes; An Android app is available, giving traders full platform access from any Android smartphone or tablet.

Fees

Key Takeaway

Commission: N/A. Min spread EUR/USD: N/A. Inactivity fee: No.

PaxForex is an online broker, and most online brokerages tend to charge lower fees than traditional brokerages. The reason for this online brokers operate at significant scale, meaning they are not limited by physical branch networks or the size of their client base.

However, this does not mean online brokers don't charge fees. There are two main categories of fees to be aware of: trading fees and non-trading fees.

Trading fees are charged when you make a trade, such as buying or selling a stock, forex pair, or CFD. These typically take the form of a spread, a commission, or an overnight financing rate. Spreads refer to the difference between the buy and sell price. Commissions can be fixed or based on the traded volume. Overnight rates apply when you hold a leveraged position for longer than one trading session.

Non-trading fees cover actions outside of placing trades, such as deposits, withdrawals, account inactivity, or currency conversion. These fees vary significantly from broker to broker and can add up for infrequent traders not actively managing their account. The table below breaks down the specific fees applicable at PaxForex.

Minimum Deposit: $10
The minimum amount required to open a live trading account with PaxForex. A lower minimum deposit makes the platform more accessible for newer traders testing the broker.
Withdrawal Fees: Yes; Fees apply when withdrawing funds from your account. Check the PaxForex website for the specific amounts, as these may vary by payment method.
Deposit Fees: Yes; Fees may apply when depositing funds. The amount varies by payment method, so check the fee schedule before depositing.
Inactivity Fees: No; No inactivity fees are applied. Your balance will not be reduced simply for not trading, which is particularly useful for part-time or longer-term investors.
CFD Fees: No

What Can You Trade With PaxForex in 2026?

Note: PaxForex offers many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can differ depending on the country of residence of the client.

PaxForex has a wide variety of over 188 instruments available for you to trade with.

If trading currency pairs is of interest to you then PaxForex offer over 62 currency pairs.

Compare PaxForex, Pepperstone, ThinkMarkets below.

	PaxForexlearn more about PaxForex	learn more about Pepperstone	ThinkMarketslearn more about ThinkMarkets
Platforms	MT4, MT5, cTrader, Web, iPad, mac, Desktop, iPhone iOS	MT5, cTrader, MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, MT4, MT5 and ThinkTrader
Instruments Available	188	100	3500
Forex & Crypto
Forex Pairs Available	62	70	46
Offers Major Forex Pairs?	No	No	No
Offers Minor Forex Pairs?	No	No	No
Offers Exotic Forex Pairs?	No	No	No
Offers Cryptocurrencies?	No	No	No
Commodity CFD's
Commodities Offered	40	16	11
Trade Metals?	No	No	No
Trade Energies?	No	No	No
Trade Agricultural?	No	No	No
Indices & Stock CFDs
Stocks Offered	42	60	1550
Trade UK Shares?	No	No	No
Trade US Shares?	No	No	No
Trade German Shares?	No	No	No
Trade Japanese Shares?	No	No	No
	Visit PaxForex website Trading in leveraged products may involve a significant level of risk and is not suitable for all investors. You should not risk more than you are prepared to lose. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. Seek independent advice if necessary.	Visit Pepperstone website CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money	Visit ThinkMarkets website 71.89% of retail investor accounts lose money when trading CFDs with this provider.

Education

Key Takeaway

Demo account: Yes. Educational videos: N/A.

Access to quality educational content is a significant advantage for traders at all levels, particularly for those who are newer to the markets or looking to develop their skills. A broker that invests in its educational resources demonstrates a long-term commitment to client success, rather than simply acquiring new accounts.

Good broker education typically covers the fundamentals of forex and CFD trading, market analysis, risk management, and trading psychology, delivered through a mix of written guides, video content, and live webinars. Regular webinars and live sessions are particularly valuable, as they allow traders to engage with market professionals and ask questions in real time. The table below details the educational resources available at PaxForex.

Forex Education: Yes; Educational content covering forex trading fundamentals is available, including guides on currency pairs, pip values, leverage, and how the forex market operates.
CFD Education: Yes; CFD-specific educational content is provided, including explanations of how CFDs work, margin and leverage, and the risks involved in leveraged trading.
Weekly Webinars: Yes; Regular weekly webinars are available, typically covering market analysis, trading strategies, and current events affecting the financial markets.
Beginner Videos: Yes; A library of beginner-focused trading videos is available, covering the basics of trading, how to use the platform, and introductory guides to key financial markets.
Regular Client Webinars: Yes; Regular webinar sessions are available to active clients, providing updates on market conditions, trading opportunities, and platform features.

Research Tools

Daily Market Commentary: Yes; Daily written commentary covering key market developments, scheduled economic events, and significant news is provided.
Forex News: Yes; A dedicated forex news feed is available, covering currency market developments, central bank decisions, and key macroeconomic data releases.
Economic Calendars: Yes; An economic calendar is available, listing upcoming data releases, central bank announcements, and other market-moving events with their expected impact.
Trading Central: Yes; Trading Central is integrated, providing professional-grade technical analysis, chart pattern recognition, and trade ideas across a range of markets.
Autochartist: Yes; Autochartist is integrated, providing automated chart pattern recognition, volatility alerts, and trade opportunity identification across multiple markets.

Deposits & Withdrawals

Key Takeaway

Min deposit: $10. Methods: N/A.

The range of deposit and withdrawal methods a broker supports is an often overlooked but important part of the overall trading experience. The speed, cost, and convenience of moving funds in and out of your account matters alongside trading conditions, particularly for traders who move funds regularly or want to avoid unnecessary processing fees.

Most online brokers support a standard selection of funding methods, bank transfers, major credit and debit cards, and popular e-wallets such as PayPal, Skrill, and Neteller. Bank transfers are typically fee-free but can take several business days to process, while card and e-wallet payments tend to be credited more quickly, making them the preferred option for traders who need immediate access to funds. The table below outlines the funding methods available at PaxForex.

Bank Transfer: Yes; Bank transfer is supported for both deposits and withdrawals. This method is typically fee-free but can take several business days to process, making it better suited to larger or less time-sensitive transactions.
Credit Card: Yes; Credit and debit card funding is supported, typically offering faster processing times than bank transfers. Card deposits are generally instant or same-day, making them one of the most convenient ways to fund your account.
PayPal: No; PayPal is not accepted. Traders who prefer PayPal should use one of the other supported payment methods.
Skrill: Yes; Skrill is supported as a deposit and withdrawal method, offering fast processing and broad international accessibility.
Neteller: Yes; Neteller is accepted for deposits and withdrawals, providing fast transfers and a widely used option popular with forex and CFD traders.

Customer Support

The quality of a broker's customer support can be easy to overlook until you actually need it. When an issue arises with a deposit, a platform login, or an account query, the ability to reach a knowledgeable, responsive support team quickly can make a significant difference to your trading experience.

The best broker support teams are available across multiple channels, including live chat for immediate responses, phone for urgent or complex issues, and email for non-time-sensitive queries. Multilingual support is also an important consideration for traders who do not speak English as a first language, and can reflect the broker's commitment to serving a global client base. The table below outlines the support channels and languages available at PaxForex.

Live Chat: Yes; Live chat support is available, providing quick access to the support team for account questions, platform assistance, and general queries.
Phone Support: Yes; Telephone support is available, allowing traders to speak directly with a support representative for urgent or complex account matters.
Email Support: Yes; Email support is available for non-urgent queries, providing a written channel for account questions, document submissions, and detailed enquiries.
Languages: English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian
The languages in which customer support and platform materials are available. Broader language support reflects the broker's ability to serve an international client base effectively.

Frequently Asked Questions — PaxForex

Can I try PaxForex before I deposit?

Absolutely! PaxForex provides a free demo account, allowing you to explore the platform using virtual funds before committing real money.

When you sign up for a demo account with PaxForex, you are given a set amount of virtual funds to trade with. This lets you build confidence in the platform and test your trading strategies without any financial risk.

With a PaxForex demo account you can open and close positions, try different strategies, and familiarise yourself with the trading environment for as long as you need.

Is PaxForex safe?

PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825. Regulated brokers must comply with strict financial conduct rules including client fund segregation, capital adequacy requirements, and regular reporting to their licensing authority. This significantly reduces the risk to traders compared to unregulated providers.

PaxForex also offers negative balance protection, meaning your account cannot fall below zero.

Why does PaxForex ask for my passport?

When you open a live account with PaxForex, they are required to verify your identity. This is a regulatory requirement known as KYC — Know Your Customer.

Because large sums of money move through financial platforms, regulated brokers must ensure they are not facilitating money laundering or fraud. Providing a copy of your passport or government-issued ID is standard practice across the industry and helps PaxForex remain compliant with their licensing obligations.

How can I start trading with PaxForex?

Getting started with PaxForex is straightforward. Visit the PaxForex website and complete the registration form with your personal details. You will then need to go through the standard KYC (Know Your Customer) verification process.

Once your account is verified, you can make your first deposit. The minimum deposit for a live account is $10. You should have a good understanding of online trading before committing real money, as losses can exceed deposits.

If you are new to trading, the best way to start is by opening a demo account first to practise without financial risk before switching to a live account.

Is my money safe with PaxForex?

PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 and is required to hold client funds in segregated accounts, separate from the company's own operating funds. This means your capital is protected even in the unlikely event that the broker faces financial difficulties.

PaxForex also protects client data using SSL encryption. Always ensure you are accessing PaxForex through their official website.

Is PaxForex regulated?

Yes, PaxForex is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825. Regulated brokers are required to segregate client funds, meet minimum capital requirements, and adhere to conduct standards set by their licencing authority.

Is PaxForex legit?

Yes, PaxForex is a legitimate broker. The company was established in 2011 and is headquartered in Saint Vincent and the Grenadines, and is regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

PaxForex operates with transparency and you will not encounter hidden costs or misleading practices that are characteristic of fraudulent platforms.

Is PaxForex a scam?

No, PaxForex is not a scam. They are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825 and must adhere to their rules and conduct standards. This makes it safe to say that PaxForex is not a fraudulent platform.

Is PaxForex a good broker?

PaxForex offers a range of features including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader trading platforms, multiple payment methods, and a free demo account.

Whether PaxForex is the right broker for you depends on your individual trading needs, experience level, and the markets you want to access. We recommend comparing PaxForex with alternative brokers to find the best fit.

Is PaxForex a trustworthy broker?

Yes, PaxForex is a trustworthy broker. Their operations are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825, meaning they must meet strict financial conduct standards.

PaxForex has 350+ registered users.

You can review feedback from real clients on the PaxForex Trustpilot page.

What is the minimum deposit for PaxForex?

The minimum deposit to open a live account with PaxForex is $10. This is the lowest amount required to start trading with real money. Always check the PaxForex website for the most current requirements.

How long do PaxForex withdrawals take?

Withdrawal processing times at PaxForex vary depending on the method used. Typically, withdrawals are processed within 1–3 business days, though bank transfers can take up to 7 working days to appear in your account.

Withdrawals are available in the following currencies: USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.

Note: PaxForex may charge fees on withdrawals. Check the broker website for exact amounts.

When was PaxForex founded?

PaxForex was founded in 2011 in Saint Vincent and the Grenadines. They are regulated by Financial Services Authority (FSA), Registration Number 21973 IBC 2014 1825.

How many people use PaxForex?

PaxForex is a globally recognised broker with 350+ registered customers.

Where is the PaxForex head office?

PaxForex has its head office in Saint Vincent and the Grenadines. Their registered address is: 16 St Georges St, Douglas, Douglas IM1 1JD.

Which countries does PaxForex support?

PaxForex operates globally. However, due to regulatory restrictions, PaxForex cannot accept clients from: BR,KR,IR,IQ,SY,JP,US. If you are unsure whether PaxForex accepts clients from your country, check directly with the broker before opening an account.

Can you make money with PaxForex?

Many traders use PaxForex to trade the financial markets, and some do generate consistent returns. However, trading financial instruments — particularly leveraged products such as CFDs — carries a high risk of loss.

While PaxForex provides the tools and platforms to trade, they cannot guarantee profits. You should ensure you understand how the products you are trading work and that you can afford to bear the risk of potential losses.

Does PaxForex have fees?

PaxForex requires a minimum deposit of $10 to open a live account. Trading fees typically include spreads and, in some cases, overnight financing charges on leveraged positions.

Any fees charged by your bank or payment provider for deposits and withdrawals are your responsibility. Check the PaxForex fee schedule on their website for full details.

What trading platforms does PaxForex offer?

PaxForex offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, alongside Web, iPad, mac, Desktop, iPhone iOS. MetaTrader platforms support automated trading via Expert Advisors and custom indicators.

Does PaxForex offer a demo account?

Yes, PaxForex offers a free demo account, allowing traders to practise with virtual funds before committing real money. This is particularly useful for newcomers or anyone who wants to evaluate the platform before depositing.

Does PaxForex offer negative balance protection?

Yes, PaxForex offers negative balance protection. This means your account balance cannot fall below zero, even in highly volatile market conditions. In such situations, PaxForex will reset your account balance to zero rather than leaving you with a debt to the broker.

Does PaxForex offer guaranteed stop loss?

Yes, PaxForex offers guaranteed stop loss orders. This means your position will always close at your specified stop price, even if the market gaps through that level — providing a higher level of downside protection than a standard stop loss.

Does PaxForex allow scalping?

Yes, PaxForex allows scalping. Scalping is a short-term, high-frequency trading strategy where traders open and close multiple positions in quick succession to capture small price movements. PaxForex supports this via MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.

Does PaxForex allow hedging?

Yes, PaxForex allows hedging. Hedging is the practice of opening positions in opposite directions simultaneously to reduce exposure to market risk.

Does PaxForex offer copy trading or social trading?

Yes, PaxForex offers both copy trading and social trading. Copy trading allows you to automatically mirror the positions of experienced traders, while social trading lets you follow and engage with other traders on the platform.

What funding methods does PaxForex accept?

PaxForex accepts the following funding methods: bank transfer, credit and debit card, Skrill, and Neteller. Processing times and any applicable fees may vary by method.

Does PaxForex accept bank transfers?

Yes, PaxForex accepts bank transfers for depositing funds. Bank transfers are one of the most secure methods of funding a trading account, though they typically take 1–5 business days to process.

Does PaxForex accept credit cards?

Yes, PaxForex accepts credit and debit cards for depositing funds. Card deposits are typically processed instantly, making them one of the fastest ways to fund your account.

Does PaxForex accept PayPal?

No, PaxForex does not currently accept PayPal. Please check the PaxForex website for alternative deposit methods.

Does PaxForex accept Skrill?

Yes, PaxForex accepts Skrill for depositing funds.

Skrill (formerly Moneybookers) is a digital wallet provider established in 2001 that operates in over 120 countries and supports more than 40 currencies. Funds deposited via Skrill are typically processed instantly. Skrill is regulated by the Financial Conduct Authority and the Central Bank of Ireland for its European activities.

Does PaxForex accept Payoneer?

No, PaxForex does not currently accept Payoneer. Please check the PaxForex website for available payment methods.

Does PaxForex accept Neteller?

Yes, PaxForex accepts Neteller for depositing funds. Neteller is a widely used e-wallet service that allows quick and secure deposits to trading accounts.

Does PaxForex offer live chat support?

Yes, PaxForex offers customer support through live chat. This provides quick access to the support team for account questions, platform assistance, and general queries.

Does PaxForex offer phone support?

Yes, PaxForex offers customer support by telephone. You can reach them on +44 844 507 0446.

Does PaxForex offer email support?

Yes, PaxForex offers customer support by email. You can contact them at info@paxforex.org. Email is best for non-urgent queries, documentation submissions, or detailed account questions.

What languages does PaxForex support?

PaxForex can communicate with and support customers who speak: English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Does PaxForex have a Wikipedia page?

No, PaxForex does not currently have an official Wikipedia page.